Title Insurance Versus Attorney Opinion Letters (AOL’s)

Don’t be penny-wise and dollar foolish when it comes to protecting what may be the largest financial commitment of your life! The situation: ‘Fannie Mae and Freddie Mac are now accepting written Attorney Opinion Letters (AOLs) in lieu of a title insurance policy under limited circumstances as a result of Equitable Housing Finance Plans announced earlier by […]

2022 National Association of REALTORS® Survey of Homebuyers!

2022 National Association of REALTORS® Survey of Homebuyers! For homebuyers, much of 2022 was a frustrating time of limited inventory and sky-high prices, where the sellers controlled much of the narrative. The scenario changed later in the year, and although a lack of inventory still prevailed, pricing power moved more to the buyer as an almost doubling […]

Recession? History Says…

Recession: Are past results useful indicators of future performance? Consider A Recessions Length When Compared to the ‘Real Rates’ of Bonds on the Day the Treasury Yield Curve Inverts… The current scenario does not bode well for the U.S. economy! (Note: – An inverted yield curve exists when longer-term interest rates are lower than near-term […]

How much does title insurance cost in New York City?

Hallmark Abstract Service CFO Linda Haltman spoke with Brick Underground Founder and CEO Teri Karush Rogers about the title insurance for a New York City real estate property purchase, and things that buyers should consider when selecting the title insurance company to work with. While the property buyers real estate attorney will recommend a title […]

Election Day, November 8, 2022! What’s Your Plan?

Election Day November 8, 2022…A Hallmark Abstract Service Poll The question asked is whether you plan on casting your vote in the midterm elections on or before November 8th? Voting is considered a right and responsibility, as it provides the opportunity to vote for leaders who we feel will best represent our ideas and interests. […]

How Is Inflation Impacting Your Life?

Are Rising Prices Forcing Tough Decisions? You don’t need this email to tell you that rising prices in all aspects of the economy creates great difficulties for many consumers! We hear horror stories all of the time about decisions needing to be made about what to buy and what can be done without. At the […]

Higher Commercial Mortgage Rates + Higher Cap Rates + Lower Building Valuations = Refinancing Problems And Finally, Distressed Commercial Properties!

Distressed Commercial Real Estate With interest rates spiking, cap rates moving higher and building valuations therefore trending lower, commercial building owners may be facing some significant headwinds when the time comes to refinance the mortgage on their building. In business, finance and the economy the John Templeton phrase ‘this time it’s different’, is typically invoked […]

Recession Yes, No or Maybe? Survey Says…

The people have spoken In A Hallmark Abstract Service Economic Poll That Asked… Are we in recession, heading towards recession or will avoid recession? President Biden said: There is the potential for a slight recession, but he doesn’t think there will be one. And, remember this old saying? Recession: When your neighbor loses their job!Depression: […]